Asian shares advance, Australia lower as RBA holds rates - News Summed Up

Asian shares advance, Australia lower as RBA holds rates


SINGAPORE/TOKYO: Asian shares advanced on Tuesday, while Australian equities remained in negative territory after the Reserve Bank of Australia left rates unchanged as expected. European markets are also poised for a positive start after the STOXX 600 index briefly touched an eight-month high on Monday. MSCI's broadest index of Asia-Pacific shares outside Japan extended gains to 0.6 percent. Japan's Nikkei stock index closed up 0.3, with the dollar rising 0.2 percent on the day to 103.58 yen, after retreating 0.6 percent on Monday. The dollar index, which tracks the greenback against a basket of six major peers, was little changed at 95.781.


Source: Economic Times September 06, 2016 06:33 UTC



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